On October 1st, 1949, from the magnificent Tiannanmen Rostrum, Chairman Mao Zedong solemnly declared to the world: "The People's Republic of China is founded! Chinese has stood up!" That day, which became National Day, marked the beginning of contemporary Chinese history. After founding of New China, under direction of the CPC and the People's Republic's first-generation of leadership under Mao Zedong, the war-torn national economy was recovered, a socialist system established and people's living standard improved. Meanwhile, with unity of all ethnic groups being strengthened within the country, China developed relations with foreign countries and resumed legal status in the United Nations and that of permanent membership of the UN Security Council. China took on an entirely new look, both politically and economically.

In 1978, under direction of the CPC and New China's second-generation leadership under Deng Xiaoping, with influence and boosting of third wave of technological revolution worldwide, China entered a new period of reform, opening-up and socialist modernization, with economy developing rapidly, undertakings in the fields of scientific, educational, cultural, sports and health making constant progress and international status increasing by leaps and bounds. Using policy of "one country, two systems", China successfully settled the issues of Hong Kong and Macao.

The third-generation leadership of Central Committee with Jiang Zemin at core stuck to policy of reforms and opening-up to outside world. China entered the WTO in 2001, which has exerted a positive influence on Chinese socialist construction.

At present time, under direction of the CPC Central Committee headed by General Secretary Hu Jintao, China is continuing to advance steadily to build a harmonious socialist society with well-off living standard.